-The Hindu Business Line New Delhi: Social sector experts have sought wider coverage of social security benefits and increased allocation for the Right to Education, schemes for nutrition for children and the Mahatma Gandhi National Rural Employment Guarantee scheme. “There is a deficit of 9 lakh teachers. We have demanded allocation of at least 10 per cent of the national income to education and implementation of the Right to Education by the...
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Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »Data in doubt -Divya Trivedi
-Frontline The NCRB data used to justify the new law bringing down the age of responsibility for criminal action are open to interpretation. Often the same data can be interpreted in different ways to arrive at contrary conclusions. Portions of the National Crime Records Bureau (NCRB) data have been quoted ad nauseam by the government and the media alike to justify the changes made in the juvenile justice law. Experts from the...
More »Cess proceeds in a black hole
-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...
More »Rs. 1.4 lakh crore cess money lies idle -TCA Sharad Raghavan
-The Hindu The funds collected can be used only for the designated purpose and cannot be diverted More than Rs. 1.4 lakh crore of funds collected by the government under various cesses for purposes as varied as higher education, road development and the welfare of construction workers are lying unutilised, shows an analysis by The Hindu of a Comptroller and Auditor-General report on government finances and answers by Ministers in the Lok...
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